The only way the baseline conforming loan limit would be raised for 2016 is if the HPI jumps nearly 10 points...

After a large 3Q loss, it was a bloodbath for Walter's share price...

The company, whose share price was hammered this past summer after disappointing 2Q results, promised investors that it will be break even in 2016 or “modestly profitable.”

Since the federal takeover, the Treasury Department has provided $116.1 billion in assistance to Fannie with the GSE returning (once the 3Q dividend is paid) $144.8 billion...

During the financial crisis Impac’s stock was delisted and its future looked cloudy. But not anymore…

A month has passed since the mortgage industry began making new Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosures (TRID) without any reports of anticipated and widespread delays in loan closings. That’s the good news. The bad news is that some lenders are being overly careful on sharing the buyer-disclosure form, which is used to pay third parties involved in the mortgage process. And that means certain vendors, including Realtors, aren’t getting paid in a timely fashion. According to interviews conducted by Inside Mortgage Finance over the past week, there also appears...

American International Group this week cleared the air regarding a potential spinoff of its profitable mortgage insurance division, saying it likes the MI business very much and considers it a “core” asset. In other words, it’s not for sale. Then again, during AIG’s third-quarter earnings call, President and CEO Peter Hancock left open the door to a possible sale of United Guaranty, saying that “over time” the company likes to maintain its flexibility and that if the “right offer to monetize assets” came along, it would ponder a bid. “It gives...

Marketing services agreements aren’t outlawed – yet. But given that the Consumer Financial Protection Bureau’s recent guidance on such arrangements doesn’t address the features of what an acceptable MSA would look like, it’s particularly challenging to figure out how best to proceed. Perhaps the only real way forward is to try to avoid those aspects of MSAs that the bureau has clearly identified as problematic, top industry compliance attorneys said during a webinar sponsored by Inside Mortgage Finance last week. “The best we can do is...

The CFPB said some lenders are failing to comply with the requirement that charges at settlement not exceed amounts on the good faith estimate form...

A mortgage executive who works in the Florida market said he is tired of seeing his deals slowed down because a title company owned by a builder was forced upon a borrower.